Cargotec to get “faster and more focused”
Even though Cargotec’s 2013 annual report was labelled “financially disappointing”, the group’s president says that this is easily solved by getting faster and more focused in future.
Mika Vehviläinen, President and CEO, Cargotec, said: “Cargotec has engaged for a while in the right activities but our actions need to be faster and more focused. Thankfully, almost all improvement areas are not dependent on external factors but rather our own more effective execution.”
He pointed out that looking forward there are many new business opportunities for Cargotec and it is looking to further exploit the development of services and software support for automated terminals.
Cargotec also views crane refurbishments as an important growth area in services driven by the need within terminals to accommodate larger container vessels and modernise aging ship-to-shore cranes.
But Mr Vehviläinen was keen to stress that although the global market in 2013 had “no single clear direction”, last year was not without its highlights for Cargotec.
Kalmar made progress in large-scale terminal projects involving automated systems at DP World Brisbane in Australia and TraPac in Los Angeles, USA.
The new concept of modularised Kalmar Care service contracts was also launched and its capabilities in this area were strengthened by the acquisition of the Spanish company Mareiport S.A.
There was also the launch of the new Hiab X-series loader cranes with enhanced durability, performance and usability.
MacGregor’s key achievements included the acquisition of Hatlapa and the mooring and loading systems unit from Aker Solutions – both representing major milestones in the marine equipment industry.
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